Zig’s Place Friday AM

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butterfly   Holy crap I don’t like this article at all:

butterfly   Oil to reach $100 a barrel later this year 2022-01-21 03:44

Shafaq News / U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows of the coronavirus pandemic.

Surging worldwide demand, supply outages and international political tension have stoked worries around crude supplies, boosting oil prices to the highest levels in seven years, with some predicting crude could even reach $100 per barrel. That has brought in more buyers of U.S. oil, increasing exports and decreasing domestic crude stockpiles.

U.S. seaborne crude exports have increased in recent weeks and are close to 3 million barrels per day so far this month, according to Matt Smith, lead oil analyst for the Americas at Kpler. That’s just under the 3.2 million bpd average in crude exports in December, which was the strongest month since February 2020, he said.

Cargoes booked for February are headed to numerous countries including China, South Korea and India, Refinitiv Eikon shipping data showed. Those three are among the largest regular buyers of U.S. crude. Global demand in Asia in 2022 is expected to rise 4% to 37.2 million bpd, the International Energy Agency said Thursday, making it the only major region ahead of 2019’s pace.

Exports have helped reduce crude stockpiles in the U.S. Gulf Coast to as low as 220.3 million barrels earlier this month, which was a two-year low.

 

Increased vehicle traffic means lighter barrels from the United States, which produce a higher volume of gasoline, are attractive to buyers. The IEA said Thursday it expects worldwide gasoline demand to rebound to 26.3 million bpd – just 1% lower than 2019’s consumption.   Source: Reuters

 

butterfly   United States, which produce a higher volume of gasoline………………………we love our vehicles

 

butterfly   It has been said/reported that we take better care of our vehicles than our own bodies.

 

Zig   Meat Loaf passed away yesterday at 74…..here is a classic of his https://www.youtube.com/watch?v=uRQ12qjiDBQ  “I Would Do Anything For Love”

 

UNEEK   Zig OH my gosh – sad news – I watched a live interview with him and Dan Rather – it was great – He was a really fine person behind that hard rock music –

 

UNEEK    https://www.youtube.com/watch?v=84R1ZGY1qoA

 

butterfly   UNEEK I watched him on one of those “ghost” shows they have and he was scared out of his mind on what he heard and saw.

 

UNEEK   I learned a lot about him from that interview – it was really good – I only liked one or two of his songs and another wow – he was in a lot of movies – did not know that he was an actor –

 

butterfly  Al-Hout houses +8,000 inmates on death row, each cost +10$ a day; source 2022-01-21 07:35

 

Shafaq News/ The Nasiriyah Central Prison, also known as al-Hout, houses more than 8,000 inmates on death row, a security official said on Friday.

 

The official, who preferred to remain anonymous, told Shafaq News Agency, “more than 8,000 members of al-Qaeda and ISIS are detained in al-Hout prison in Southern Iraq after being sentenced to the capital penalty. However, they have not been executed even though the majority were convicted four years ago.”

 

“Each prisoner costs the treasury at least 10 dollars a day,” the official added.

 

In Iraq, the death penalty is regulated by national legislation. It is imposed on persons found guilty of a variety of different crimes including murder, treason, espionage, rape, kidnapping, terrorism, war crimes, and drug trafficking.

 

However, people accused of terrorism face particular scrutiny because their cases are judged based on the Anti-Terrorism Law (No. 13) of 2005. According to articles 2 and 3 of this law, if a person is found guilty of a codified crime, either as an accomplice to the crime or a mastermind of it, the sentence is death.

 

In many cases, Iraq officials have elevated the Anti-Terrorism Law over the Criminal Procedure Code. This means that people accused of terrorist activities could see the denial of their fundamental civil rights.

 

A 2005 law carries the death penalty for anyone convicted of “terrorism,” which can include membership of an extremist group even if they are not convicted of any specific acts.

 

Rights groups have warned that executions were being used for political reasons.

 

butterfly  Since the official declaration of victory over IS, Iraq’s courts have sentenced hundreds to death for crimes perpetrated during the jihadists’ 2014 seizure of around a third of the country and their brutal three-year hold over cities, including Mosul.

 

But only a small proportion of the sentences have been carried out, as they must be approved by the president.

 

Barham Saleh, who has held the post since 2018, is known to be personally against capital punishment and has resisted signing execution orders in the past.

 

Despite Saleh’s moderating influence, Iraq in 2019 carried out the fourth-highest number of executions among nations worldwide, after China, Iran, and Saudi Arabia, according to Amnesty International.

 

Iraq carried out 100 executions that year, one out of every seven worldwide.

 

They include 21 men convicted of “terrorism” and executed at the notorious Nasiriyah prison in November.

 

The move sparked condemnations from the United Nations, which described the news as “deeply troubling” and called on Iraq to halt any further planned executions. https://www.shafaq.com/en/Iraq-News/Al-Hout-houses-8-000-inmates-on-death-row-each-cost-10-a-day-source

 

Zig   Meat Loaf passed away yesterday at 74…..here is a classic of his https://www.youtube.com/watch?v=uRQ12qjiDBQ  “I Would Do Anything For Love”

 

UNEEK   Zig OH my gosh – sad news – I watched a live interview with him and Dan Rather – it was great – He was a really fine person behind that hard rock music –

 

UNEEK   https://www.youtube.com/watch?v=84R1ZGY1qoA

 

butterfly   UNEEK I watched him on one of those “ghost” shows they have and he was scared out of his mind on what he heard and saw.

 

UNEEK   I learned a lot about him from that interview – it was really good – I only liked one or two of his songs and another wow – he was in a lot of movies – did not know that he was an actor –

 

butterfly   Pakistan is considering establishing a consulate in Erbil 2022-01-20 09:25

 

Shafaq News/ The Pakistani Ambassador to Iraq, Ahmed amjad Ali, on Thursday said that his country is considering establishing a consulate in the capital of the Kurdistan Region, Erbil.

 

Ali’s remarks came during a meeting he held with the President of the Kurdistan Region, Nechirvan Barzani, according to a readout issued by the latter’s bureau.

 

According to the readout, the meeting touched upon “the mutual desire to bolster Iraq and Kurdistan’s ties with Pakistan, particularly in the commercial and educational aspects, in addition to creating jobs and investment opportunities for Pakistani capitals.”

 

The Pakistani diplomat said that his country highly regards its ties with Iraq and Kurdistan, highlighting prospects of good commercial cooperation and exchange with the Region.

 

The Ambassador said that his country is seriously considering establishing a consulate in the capital of Kurdistan, Erbil, and operating direct flights between Pakistan and Kurdistan.

 

For his part, President Barzani expressed his willingness to strengthen the ties with Pakistan, shedding light upon the investment opportunities of Pakistani capitals in the Kurdistan Region. https://www.shafaq.com/en/Kurdistan/Pakistan-is-considering-establishing-a-consulate-in-Erbil

 

Butterfly   The International Monetary Fund Sends A Warning Message To Countries Whose Debts Are In Dollars    Economic   Last Update 01/21/2022 | 6:00 PM

 

International Monetary Fund Managing Director Kristalina Georgieva stressed that the increase in US interest rates could have significant effects on countries with high levels of debt dominated by the dollar.

 

Georgieva said the Fed’s rate hike could “throw cold water” on the weak economic recovery in some countries.

 

Georgieva warned of the repercussions of raising interest rates in the United States on the weak economic recovery in some countries,

 

She indicated the need for the US Federal Reserve to clearly communicate its policy plans. The official called on countries with a high level of dollar debt to take action.

 

And the International Monetary Fund’s message to countries with high levels of dollar-denominated debt is: “Act now. If you can extend the maturity, please do so.”

 

The warnings of the Director of the International Monetary Fund came during her participation in the “Davos” economic forum, held online due to the Corona pandemic, and indicated, during her discussion of the selections for the year 2022, that the International Monetary Fund expects the continuation of global economic recovery, but she stressed that it is “losing some momentum.” Due to the re-spread of the infection, the increase in inflation and the high level of debt.

 

The official stressed that fighting inflation is not the task of central banks alone, as other policy makers have to play a major role, including by promoting vaccinations to end the Covid-19 pandemic.

She added that inflation was a country-specific phenomenon, which made policy responses more complex in 2022 compared to 2020, the first year of the epidemic. https://almaalomah.me/2022/01/21/577854/

 

Butterfly   Iraq: Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-Maliki

 

1-21-2022   Iraq – Demonstrations refuse to renew the mandate of the three presidencies and demand the trial of al-MalikiYesterday, Thursday, political sources in the Shiite “coordinating framework” revealed new understandings with the leader of the Sadrist movement, Muqtada al-Sadr, to unite the Shiite house in the negotiations to form the new government, and to choose the president of the republic,

 

noting the “framework”‘s rejection of the renewal of the current prime minister, Mustafa Al-Kazemi. , for a second term, amid a gathering of dozens in Al-Nusour Square in Baghdad, to demand the trial of the leader of the “State of Law” coalition, Nuri al-Maliki, for causing the “fall” of a number of cities to the hands of the “Islamic State” organization, and also to express their refusal to extend the mandate of the three presidencies.

 

Local news websites transmitted pictures of protesters who carried banners denouncing the attempts to renew the mandate of the President of the Republic, Barham Salih, and Prime Minister Mustafa Al-Kazemi, denouncing the remaining Muhammad Al-Halbousi, the leader of the “Progress” coalition, as Speaker of the Iraqi Parliament.

 

The demonstrators also carried banners accusing the leaders of the “framework” of financial corruption, while also calling for al-Maliki to be tried “publicly”.

 

The demonstrators renewed their demands to eliminate financial and administrative corruption, stressing the need to remove the dissolved Baath Party from assuming power again in the country.

 

The banners included slogans (the government that does not try al-Maliki, the leader of the framework for handing over cities to the terrorist ISIS, we will not allow it to stay), as well as (the leader of the framework is wanted for the Iraqis) with a picture of al-Maliki marked with a public trial.

 

butterfly   Among the slogans raised by the protesters (No renewal, no extension), accompanied by pictures of Saleh, Al-Kazemi and Al-Halbousi, bearing an (X), as well as other phrases that included (No to Al-Halbousi. No to renewal for the corrupt. No to the return of the criminal Baath).

 

A group calling itself “Iraqi Protesters” had earlier called for a demonstration in Baghdad under the title “Khamis – the tempted is not tempted.”

 

Meanwhile, the forces of the “Coordination Framework” met, yesterday evening, at Al-Maliki’s house, to discuss a number of files, most notably the Federal Court’s decision to postpone the decision on the case against the legitimacy of the first session of the House of Representatives.

 

Hisham Al-Rikabi, director of Al-Maliki’s office, said in a statement, “A meeting of the coordination framework took place in Al-Maliki’s office, and it is not true that Prime Minister Mustafa Al-Kazemi attended the meeting,” after rumors circulated about that.

 

On the other hand, a member of the Coordination Framework, Aref Al-Hamami, confirmed that there is a very close breakthrough with the unification of the “framework” and the “current,” and the entry in one bloc to the parliament, while he renewed his refusal to renew Al-Kazemi.   rawabetcenter.com

 

Butterfly   Gold Is Heading To Record Weekly Gains  Economic  Last Update 01/21/2022 | 6:21 PM

 

Gold prices fell, today, Friday, and despite that, the precious metal prices tended to record weekly gains, and gold prices rose recently, with the increase in demand for safe havens, with rising inflation.

 

By 15:00 Moscow time, gold futures were down 0.55% at $1,834.80 an ounce.

 

While the price of spot contracts for the precious metal decreased by 0.26% to $ 1834.57 an ounce, according to data from the “Bloomberg” website. https://almaalomah.me/2022/01/21/577856/

 

Butterfly   The Framework: The Next Prime Minister Will Be Far From The Names Presented

 

POLITICIAN LAST UPDATE 01/21/2022 | 10:56 AM

 

Representative of the State of Law, Muhammad Al-Ziyadi, confirmed, on Friday, that the next prime minister will be far from the names presented previously, indicating that the coordinating framework is determined to form a consensual government that includes all political forces.

 

Al-Ziyadi said in a televised statement, which was followed by “Al-Maalouma”, that “the coordinating framework is determined to form a consensus government that includes all political forces.”

 

He added that “if the Federal Court decided the invalidity of the session, the parliament’s presidency will be re-elected and new constitutional times will be set, and the course of the first session confused the political process and constitutional times.”

 

He pointed out that “the framework and the current did not agree on candidates for the position of prime minister, and that the next prime minister will be far from the names presented previously.” https://almaalomah.me/2022/01/21/577804/

 

butterfly   The Previous Parliament’s Parliamentary Finances Suggest That The Current Year’s Budget Legislation Will Be Delayed     POLITICIAN LAST UPDATE 01/21/2022 | 8:47 AM

 

A member of the Parliamentary Finance Committee in the former parliament, Muhammad Al-Shabki, suggested that the budget legislation within Parliament was likely to be delayed, pointing out that many ministries had not resolved their budgets, as well as the final accounts.

 

Al-Shabki said to “The Information”, “The governments did not submit final accounts for all of the past years, but the budget does not depend on preparing these accounts, in addition to the fact that there are problems that will occur in the 2022 budget.”

 

He added, “Parliament has not yet been formed, as well as its parliamentary committees, and this will affect the preparation of the budget, as it will be much delayed and its approval may be, as happened last year.”

 

And he indicated that “many ministries have not completed their budgets by 100 percent, and therefore the budgets are often rotated and carried over to the new year after they are processed and the final accounts prepared if they are completed.” https://almaalomah.me/2022/01/21/577791/

 

Zig   Many :Thankyou: to  butterfly for her daily posts…nobody better in this community   :Yes:

 

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